Nope. It's because my wife announced a few weeks ago that she was quitting the Groupon world. She had been quite enthusiastic about the service at first. We had a few successes in getting nice discounts on things we really wanted and made use of. But, as my wife puts it, then it started to become both a chore and a bore.

If my wife can so easily, and definitively decide to simply walk away from the service (not even going so far as to switch to a competing service like Amazon is now providing), then not only is there truly no moat at Groupon; there is barely any primary value to this type of service in general.